ANZ Sees End to Sydney Mortgage Market Shortfall in Five Years

  • New South Wales state market share at 12% vs 14.8% nationally
  • ANZ adding employees, branches in quest to grow in Sydney

Australia & New Zealand Banking Group Ltd.’s investments in New South Wales will help end a mortgage-market share shortfall in the nation’s fastest-growing state economy and its capital of Sydney in about five years, an official for the bank said Monday.

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